Company Update: Sempra Energy (NYSE:SRE) – INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Sempra Energy of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 — SRE

[Marketwired] – The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Sempra Energy between May 14, 2015 and November… Read more on this. Sempra Energy (SRE) , valued at $24.66B, started trading this morning at $98.94. Looking at today’s market, SRE one day range is $98.77 to $99.69 with its 52-week range being $86.72 to $112.90. SRE shares are currently priced at 19.11x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.21x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $3.02 per share annually in dividends, yielding 3.10%. In a review of the consensus earnings estimate this quarter, 5 sell-side analysts are looking at $1.69 per share, which would be $0.02 worse than the year-ago quarter and a $0.19 sequential decrease. Investors should also note that the full-year EPS estimate of $5.14 is a $0.07 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.94 Billion. If realized, that would be a 9.70% increase over the year-ago quarter. More recently, UBS Initiated SRE at Buy (Apr 14, 2014). Previously, Barclays upgraded SRE from Equal Weight to Overweight. The average price target for SRE shares is $113.25, which is 14.46% above where the stock opened this morning. See more in (NYSE:SRE) Similar Articles: Company Update (NYSE:FCX): INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Freeport-McMoRan Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 28, 2016 – FCX Stock Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Freeport-McMoRan Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 28, 2016 — FCX Company Update (NASDAQ:QCOM): INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Qualcomm Incorporated of Class Action Lawsuit and a Lead Plaintiff Deadline of January 29, 2016 – QCOM